Tags: penalty

Czech Central Bank Governor Proposes Bitcoin as a Reserve Asset: A Bold Move for Cryptocurrency Adoption

OKX Faces $505 Million Penalty: Major AML Violations Shake Up Crypto Exchange

supportFeb 26, 2025

OKX operator Aux Cayes Fintech has pleaded guilty to running an unlicensed money transmitting business, underscoring regulatory challenges in the cryptocurrency sector. OKX, a major…

RegTech (Regulatory Technology)

Equifax Hit with $15 Million Penalty for Major Credit Reporting Failures

supportJan 20, 2025

The Consumer Financial Protection Bureau (CFPB) has fined Equifax $15 million for mishandling consumer disputes related to credit report inaccuracies. The investigation revealed Equifax’s failures,…

Policy and Regulation

Robinhood Faces $45 Million Penalty for Major Regulatory Violations

supportJan 14, 2025

Robinhood is facing scrutiny from the SEC over significant compliance violations that jeopardize investor protection and market integrity. The SEC identified several key failures, including…